Equitrans Midstream Announces Quarterly Dividends

Rhea-AI Summary

Equitrans Midstream Corporation (NYSE: ETRN) declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for Q4 2020. These dividends will be paid on February 12, 2021, to shareholders of record as of February 3, 2021.

ETRN operates extensively in the Appalachian Basin, focusing on natural gas transmission, gathering, and storage. With a legacy of 135 years in the energy sector, ETRN aims to be a leading midstream services provider in North America.

Positive

• Quarterly cash dividend of $0.15 per common share supports income for shareholders.
• Stable dividend for Series A Preferred Stock enhances investor confidence.

Negative

• None.

Equitrans Midstream Corporation (NYSE: ETRN) today declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the fourth quarter 2020. The dividends will be paid on February 12, 2021, to all applicable ETRN shareholders of record at the close of business on February 3, 2021.

About Equitrans Midstream Corporation:

Equitrans Midstream Corporation (ETRN) has a premier asset footprint in the Appalachian Basin and, as the parent company of EQM Midstream Partners, is one of the largest natural gas gatherers in the United States. Through its strategically located assets in the Marcellus and Utica regions, ETRN has an operational focus on gas transmission and storage systems, gas gathering systems, and water services that support natural gas development and production across the Basin. With a rich 135-year history in the energy industry, ETRN was launched as a standalone company in 2018 with the vision to be the premier midstream services provider in North America. ETRN is helping to meet America’s growing need for clean-burning energy, while also providing a rewarding workplace and enriching the communities where its employees live and work.

For more information on Equitrans Midstream Corporation, visit www.equitransmidstream.com; and to learn more about our environmental, social, and governance practices visit ETRN Sustainability Reporting.

Source: Equitrans Midstream Corporation

View source version on businesswire.com: https://www.businesswire.com/news/home/20210122005376/en/

FAQ

What is the quarterly dividend amount for ETRN for Q4 2020?

Equitrans Midstream Corporation declared a quarterly dividend of $0.15 per common share for Q4 2020.

When will ETRN dividend be paid?

The ETRN dividends will be paid on February 12, 2021.

What is the record date for the ETRN dividend?

The record date for the ETRN dividend is February 3, 2021.

What is the amount of the Series A Preferred Stock dividend for ETRN?

The dividend for Series A Perpetual Convertible Preferred Stock is $0.4873 per share.